What does New York's new socialist mayor mean for bond investors? | CUMBERLAND COMMENT

A big fear is whether Mamdani’s proposals, including an additional 2% tax on incomes over $1 million, will cause an exodus of ...
The Bond BuyerOpinion

Don't underestimate New York City bonds under Mamdani administration

Multi-layered state oversight, strict fiscal safeguards and durable revenue pledges support New York City GO and TFA bonds ...